Burkina Faso raised an amount of CFA33 billion (about $55.5 million) on the WAEMU public securities market through the issue of 6-month Treasury Bills (BATs).
At the end of this operation carried out on February 26, Burkina Faso collected CFA85.743 billion (about $144.3 million) for an initial requested amount of CFA30 billion (about $50.5 million), a remarkable coverage rate of 285.81%. This new issue brings to CFA55 billion (about $92.5 million) the total amount of funds mobilized by the country in only two operations on the market since the beginning of the year.
Burkina Faso experienced steady economic growth between 2015 and 2018. Indeed, after a deceleration in 2015 (3.9% after 4.3% in 2014), the real GDP growth rate showed a sustained level, rising from 5.9% in 2016 to 6.3% in 2017 and 6.8% in 2018, thanks to the return to normal constitutional life, favorable rainfall and enhanced investors’ interest.
According to estimates by the Burkinabe authorities, the country's GDP is expected to reach CFA8,547.2 billion (about $14.4 billion) in 2019 compared to CFA7,849.1 billion (about $13.2 billion) in 2018, representing a 6.0% growth rate in real GDP. Inflation rate is estimated at 1.9% in 2018 and is expected to be negative in 2019.
In 2020, Burkina Faso intends to raise a total of CFA540 billion (about $910 million) on the public securities market.
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
Germany funds €4m agriculture, soil health projects in northern Cameroon RESEAU and Soil Matters aim to boost climate resilience Projects promote...
Cameroon considers programme incubating 20 youth in plantain agribusiness Initiative links plantations to markets, financing, and banking...
Nigerian ports handled 129.3 million tons of cargo in 2025 Container traffic rose 25.7% to over 2.1 million TEUs Lekki Port handled 40.6% of cargo as...
East Africa processed 38,500 tons of cashews in 2025, up 5% Tanzania led growth, processing 20,000 tons, 52% regional share Processing capacity...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...